All sales articles
-
ArticleIHS cuts China sales forecast
Volkswagen Group is heavily dependent on the Chinese market (Photo: VW)Leading market researcher IHS Automotive has reduced its 2015 forecast for new-car sales in China, predicting growth of only 1.4 pc for the year.Earlier, IHS had expected unit sales in the world's biggest market to increase 4.4 pc from ...
-
ArticleautomotiveIT magazine: Audi, BMW, Mercedes embrace digital
New technology is entering car showrooms (Photo: Audi)Germany's three premium brands are using digital technology to post higher sales, despite declining showroom traffic.In interviews with automotiveIT international, the sales and marketing chiefs of Audi, BMW and Mercedes-Benz explained how their companies are catering to a new generation of car ...
-
ArticleGlobal 2015 car sales forecast to rise 2.4 pc
Car sales will rise in 2015, but the global picture will be mixed (Photo: Emil Frey)Global car sales are set to rise 2.4 pc to 88.3 million units, despite widespread geopolitical and economic uncertainties in many parts of the world, a leading market forecaster said this week. It would ...
-
ArticleGM CEO sees further industry growth in US car market
GM's Barra says she expects younger car buyers to help boost U.S. market growth (Photo: GM)The US car market is set to continue its expansion this year, GM CEO Mary Barra told reporters, predicting light-vehicle sales of between 16.5 million and 17.0 million units in 2015. Barra cited a ...
-
ArticleSales ranking: GM slips to 3rd place in 2014
Hyundai posted stronger 2014 unit sales growth than Toyota, Ford and GM (Photo: Hyundai)General Motors, which has for years been a strong contender in the race to be the world's biggest selling carmaker, slipped to third place in 2014, according to Germany's Center of Automotive Management (CAM). Toyota and ...
-
ArticleStudy: VW could be world's biggest carmaker in 2014
A new study predicts that Volkswagen Group, which wants to be the world's biggest automaker in terms of unit sales by 2018, could achieve that goal this year already.Europe's largest automaker has "a good chance" to reach the target in 2014 after selling more cars than Toyota in the first ...
-
ArticleAudi grows in China
Audi's digital showroom in Beijing is the first of its kind in Asia (Photo: Audi)Audi opened a new r&d center as well as a digital showroom in China, underscoring the importance of the world's largest auto market to the German premium car brand.The Volkswagen Group subsidiary opened its first ...
-
ArticleRenault tops sales of EVs in Germany
Renault COO Carlos Tavares tries out a Twizy at a press event in late 2011 (Photo: Renault)Renault was the biggest seller of full electric vehicles in Germany in the first five months of 2012.The French carmaker sold 600 battery-powered Kangoo and Fluence models in Europe's biggest car market during the ...
-
ArticleRussia to overtake Germany as biggest European car market
Russia is set to become the world’s 5th largest national market(Photo: Dmitry Azovtsev, wikimedia)Russia is set to overtake Germany as Europe's biggest market this year, according to the Center of Automotive Management (CAM).The German automotive think tank predicted that sales of passenger cars and light commercial vehicles (LCVs) in Russia ...
-
ArticleChina, North America will drive global market growth - Dudenhoeffer
European car sales will decline, but not as much as previously expected, Dudenhoeffer says(Photo: Arjen Bongard)BOCHUM, Germany -- The outlook for the European auto market isn't as bleak as it was only a few months ago, but global growth will be generated elsewhere, according to the latest forecast from Germany's ...
-
ArticleGerman car retail & service business shrank 3.2 pc in 2010
Germany’s car service business increased slightly in 2010The sales and service business of the German car industry shrank 3.2 pc in 2010 top 130 billion euros, but dealer margins actually increased a bit.The decline in sales was triggered by a 12.5 pc drop in new-car sales to 52.15 billion euros. ...
-
Article
Booz: India to be fourth-biggest car market in three years
India will be the fourth-largest market for passengercars within three years, according to consultants Booz & Company.Booz said Indian car sales are growing between 15 pc and 20 pc a year and should reach 3.5 million units by 2013. That would make it the world’s biggest national market behind the ...
